According to L2beat, Lighter’s TVL milestone follows a $68 million funding round led by Founders Fund and Ribbit Capital, marking its rapid growth in the DeFi sector.
Lighter’s total value locked has reached $1.17 billion, overtaking Linea’s $1.04 billion, based on L2beat analytics. The achievement comes shortly after Lighter secured $68 million in funding, led by Founders Fund and Ribbit Capital, signaling significant growth and investor confidence in the protocol.